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FLAT ROCK, IL 62427

Real Estate Market Report  ·  Crawford County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 50% vs 2 last year
Pending
0
0% pending ratio
Median Price
$239,000
⇩ 30.7% vs $344,900 last year
Average Price
$239,000
⇩ 30.7% vs $344,900 last year
Days on Market
16
⇩ 84.6% vs 104 days last year

Market Context

Population: 1,948  ·  Density: 8.9/mi²  ·  Median household income: $66,536

Typical home value: $115,705  ·  Homeownership: 92.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The FLAT ROCK, IL real estate market (62427) currently shows 1 active listings. Homes are averaging 16 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 16 days on market compared to 104 days last year.

The median listing price has fallen 30.7% year-over-year, from $344,900 to $239,000.

Whether you are buying or selling in FLAT ROCK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 1 this year vs 2 last year
  • Days on market: 16 now vs 104 last year

Median & Average Pricing

Year over Year
  • Median: $239,000 (-30.7% YoY)
  • Average: $239,000 (-30.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.6 miles — 81 listings ($16,800,962 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62427Flat Rock, IL 624270.0 mi1$239,000$239,000$239,000
62451Palestine, IL 624518.8 mi4$180,000$42,500$45,000
47561Oaktown, IN 4756112.0 mi6$959,400$122,400$159,900
47861Merom, IN 4786114.2 mi3$95,499$30,000$31,833
47516Bruceville, IN 4751615.0 mi4$484,400$123,000$121,100
62449Oblong, IL 6244916.3 mi8$1,445,200$189,950$180,650
47535Freelandville, IN 4753518.6 mi1$58,450$58,450$58,450
47512Bicknell, IN 4751219.5 mi18$2,534,346$116,900$140,797
62475West Liberty, IL 6247520.9 mi1$315,000$315,000$315,000
47528Edwardsport, IN 4752821.1 mi3$579,699$179,900$193,233
47848Dugger, IN 4784824.3 mi8$1,824,400$199,000$228,050
47597Wheatland, IN 4759724.9 mi1$555,000$555,000$555,000
62450Olney, IL 6245025.6 mi23$7,530,568$124,900$327,416

Frequently Asked Questions

How many homes are for sale in FLAT ROCK, IL 62427?

As of January 2026, there are 1 active listings in FLAT ROCK, IL (zip code 62427), compared to 2 the prior year.

What is the median home price in FLAT ROCK, IL 62427?

The median listing price in FLAT ROCK, IL 62427 is $239,000 as of January 2026, a 30.7% decrease from $344,900 the prior year.

How long do homes stay on the market in FLAT ROCK, IL?

Homes in FLAT ROCK, IL 62427 spend an average of 16 days on the market before going under contract, compared to 104 days the prior year.

Is it a seller's or buyer's market in FLAT ROCK, IL 62427?

Based on current inventory and days-on-market data as of January 2026, FLAT ROCK, IL 62427 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 104 days last year.

How much can I save on real estate commission in FLAT ROCK, IL?

With SELL123.com's maximum 3% commission, sellers in FLAT ROCK, IL 62427 save an estimated $4,780 compared to a typical 5% commission on the median listing price of $239,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.